The removal of the duty reflects the government’s confidence in a better harvest this year, said Vijay Setia, former president of the All-India Rice Exporters Association.
The decision has been made effective from October 22. By Shishir Sinha In an effort to further boost exports, the Finance Ministry has lowered Custom Duty to NIL from 10 per cent
By Rajendra Jadhav, Mayank Bhardwaj and Urvi Manoj Dugar NEW DELHI, Oct 22 (Reuters) – India scrapped the export tax on parboiled rice, the government said in an
Rice export prices in India held near their lowest level in more than a year amid a slight improvement in demand, while Thailand rates rose as the Southeast Asian country sees
SynopsisIndia’s 5% broken parboiled variety was quoted at $490-$495 per metric ton this week, the lowest since Aug. 24, 2023, amid weak demand and depreciation in the rupee.
Exporters say they incur $70/tonne additional costs; Customs officials playing safe to verify if shipments are white or parboiled rice. By Subramani Ra Mancombu India’s white
The standoff between Telangana and the central government over parboiled rice procurement has eased, with Telangana set to supply 37 lakh metric tonnes to FCI. Demand for
BENGALURU /MUMBAI/BANGKOK/HANOI AND BANGLADESH: Rice export prices in Asia dropped sharply this week after India, the world’s largest exporter of the staple, eased restrictions
MUMBAI: India on Friday reduced export duty on parboiled rice to 10% from 20% earlier, the government said in a notification, as inventories in the world’s biggest exporter of
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